The environment ministers of France, Italy and Slovakia submitted a note to their EU counterparts on the implementation of the Carbon Border Adjustment Mechanism (CBAM) at the Environment Council on Thursday 27 March. The three signatory countries stress that CBAM can be made even more effective in preventing carbon leakage, and simpler for businesses.
Several of the recommendations are in line with the European Commission’s recent statements on the subject. This is the case with the...